# Yen Edges Higher on Strong Japanese Industrial, Housing Data - ActionForex

> USD/JPY traded near 110.50 on Monday, down 0.22% on the day. Japan's preliminary industrial production rose 1.6% in June, in line with forecasts, and housing starts rose 1.7%, well above expectations.

- Date: 2017-07-31 · published 2017-07-31T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/70211-yen-edges-higher-on-strong-japanese-industrial-housing-data-actionforex
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Stronger Japanese data points to firmer import demand, but the effect on feed commodity prices is indirect and small.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- actionforex.com: https://www.actionforex.com/contributors/fundamental-analysis/30742-yen-edges-higher-on-strong-japanese-industrial-housing-data/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.